Kennedy Lewis Investment Management Llc - Mar 18, 2022 Form 4 Insider Report for EASTMAN KODAK CO (KODK)

Role
Director
Signature
KENNEDY LEWIS INVESTMENT MANAGEMENT LLC, Name: /s/ Anthony Pasqua, Title: Chief Operating Officer
Stock symbol
KODK
Transactions as of
Mar 18, 2022
Transactions value $
$15,483,680
Form type
4
Date filed
3/22/2022, 09:48 PM
Previous filing
Dec 1, 2021
Next filing
Jul 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KODK Common Stock Purchase $636K +103K +12.65% $6.18 917K Mar 18, 2022 See Footnotes F1, F2, F3, F4, F5, F6
transaction KODK Common Stock Purchase $908K +147K $6.18 147K Mar 18, 2022 See Footnotes F1, F3, F4, F5, F6, F7
transaction KODK Common Stock Purchase $1.79M +352K +38.41% $5.07 1.27M Mar 18, 2022 See Footnotes F2, F3, F4, F5, F6, F8
transaction KODK Common Stock Purchase $2.55M +503K +342.1% $5.07 650K Mar 18, 2022 See Footnotes F3, F4, F5, F6, F7, F8
transaction KODK Common Stock Purchase $3.33M +548K +43.12% $6.08 1.82M Mar 18, 2022 See Footnotes F2, F3, F4, F5, F6, F9
transaction KODK Common Stock Purchase $4.75M +781K +120.24% $6.08 1.43M Mar 18, 2022 See Footnotes F3, F4, F5, F6, F7, F9
transaction KODK Common Stock Purchase $41.8K +6.75K +0.37% $6.19 1.82M Mar 21, 2022 See Footnotes F2, F3, F4, F5, F6, F10
transaction KODK Common Stock Purchase $59.6K +9.64K +0.67% $6.19 1.44M Mar 21, 2022 See Footnotes F3, F4, F5, F6, F7, F10
transaction KODK Common Stock Purchase $587K +96.5K +5.29% $6.08 1.92M Mar 21, 2022 See Footnotes F2, F3, F4, F5, F6, F11
transaction KODK Common Stock Purchase $838K +138K +9.56% $6.08 1.58M Mar 21, 2022 See Footnotes F3, F4, F5, F6, F7, F11
holding KODK Common Stock 208K Mar 18, 2022 See Footnotes F3, F4, F5, F6, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares of Common Stock of Eastman Kodak Company (the "Issuer") were sold in multiple transactions at prices ranging from $6.025 to $6.25, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth in footnotes (1), (8), (9), (10) and (11) to this Form 4.
F2 These securities of the Issuer are held directly by Kennedy Lewis Capital Partners Master Fund II LP ("Master Fund II", and together with Master Fund I (defined hereinafter) and Master Fund III (defined hereinafter), the "Funds")
F3 Kennedy Lewis Management LP (the "Adviser") acts as investment adviser to the Funds. KLM GP LLC ("KLM") is the general partner of the Adviser. Kennedy Lewis Investment Management LLC ("Kennedy Lewis") is the owner and control person of KLM. David Chene and Darren Richman are the managing members and control persons of Kennedy Lewis. Each of the Adviser, KLM and Kennedy Lewis may be deemed to exercise voting and investment power over and thus may be deemed to beneficially own the securities of the Issuer held by each of the Funds due to their relationship with the Funds. Kennedy Lewis GP LLC ("Fund I GP") is the general partner of Master Fund I. Kennedy Lewis Investment Holdings LLC ("Holdings I") is the managing member of Fund I GP. David Chene and Darren Richman are the managing members of Holdings I.
F4 (Continued from Footnote 3) Each of Fund I GP and Holdings I may be deemed to exercise voting and investment power over and thus may be deemed to beneficially own the securities of the Issuer held by Master Fund I due to their relationship with Master Fund I. Kennedy Lewis GP II LLC ("Fund II GP") is the general partner Master Fund II. Kennedy Lewis Investment Holdings II LLC ("Holdings II") is the managing member of Fund II GP. David Chene and Darren Richman are the managing members of Holdings II. Each of Fund II GP and Holdings II may be deemed to exercise voting and investment power over and thus may be deemed to beneficially own the securities held by Master Fund II due to their relationship with Master Fund II. Kennedy Lewis GP III LLC ("Fund III GP") is the general partner Master Fund III. Holdings II is the managing member of Fund III GP.
F5 (Continued from Footnote 4) David Chene and Darren Richman are the managing members of Holdings II. Each of Fund III GP and Holdings II may be deemed to exercise voting and investment power over and thus may be deemed to beneficially own the securities held by Master Fund III due to their relationship with Master Fund III. David Chene and Darren Richman, in their capacities as managing members of Kennedy Lewis, and managing members of each of Holdings I and Holdings II, may be deemed to exercise voting and investment power over and thus may be deemed to beneficially own the securities held by each of the Funds due to their relationships with the Funds.
F6 For purposes of Section 16 of the Securities Exchange Act of 1934, each of the Adviser, KLM, Kennedy Lewis, Fund I GP, Holdings I, Fund II GP, Holdings II, Fund III GP, David Chene and Darren Richman disclaims beneficial ownership of the securities of the Issuer held directly by the Funds except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any of the Adviser, KLM, Kennedy Lewis, Fund I GP, Holdings I, Fund II GP, Holdings II, Fund III GP, David Chene or Darren Richman is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F7 These securities of the Issuer are held directly by Kennedy Lewis Capital Partners Master Fund III LP ("Master Fund III").
F8 The price reported in Column 4 is a weighted average price. These shares of Common Stock of the Issuer were sold in multiple transactions at prices ranging from $4.545 to $5.54, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares of Common Stock of the Issuer were sold in multiple transactions at prices ranging from $5.445 to $6.35, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares of Common Stock of the Issuer were sold in multiple transactions at prices ranging from $6.185 to $6.19, inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares of Common Stock of the Issuer were sold in multiple transactions at prices ranging from $5.96 to $6.20, inclusive.
F12 These securities of the Issuer are held directly by Kennedy Lewis Capital Partners Master Fund LP ("Master Fund I").

Remarks:

Due to limitations of the electronic filing system, certain of the reporting persons, including Kennedy Lewis Management LP, Kennedy Lewis Capital Partners Master Fund LP, Kennedy Lewis GP LLC, Kennedy Lewis Investment Holdings LLC, Kennedy Lewis Capital Partners Master Fund II LP, Kennedy Lewis GP II LLC, Kennedy Lewis Capital Partners Master Fund III LP, Kennedy Lewis GP III LLC and Kennedy Lewis Investment Holdings II LLC, are filing a separate Form 4. Darren Richman, a managing member of each of Kennedy Lewis Investment Management LLC, Kennedy Lewis Investment Holdings LLC, and Kennedy Lewis Investment Holdings II LLC, serves on the Board of Directors of Eastman Kodak Company (the "Issuer"). By virtue of their representation on the Board of Directors of the Issuer, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each of the reporting persons other than Mr. Richman are deemed directors by deputization of the Issuer.